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Pay to Taproot is the native SegWit v1 output format. It commits directly to a public key which can optionally be tweaked with the hash of a script tree. This combines capabilities of previous output formats which were usually based on either a public key hash or a script hash. P2TR addresses are Bech32m encoded and start with the prefix `bc1p`.

3 votes
1 answer
641 views

How can I tell if a Taproot input is a key path spend or a script path spend?

When I look at a P2TR tx in mempool.space, is there a way I can tell if an input is a key path or script path spend? What does an ordinary P2TR payment use? What does a MuSig2 payment use? …
Hunter Beast's user avatar
6 votes
2 answers
1k views

Is a P2TR address a compressed public key?

But P2TR addresses only do a PUSHBYTES_32. Am I incorrect in my understanding how compressed public keys work? …
Hunter Beast's user avatar